The Twelfth Five-Year Plan will Extend the Scope of Punitive Electricity Pricing

The Twelfth Five-Year Plan for Industrial Energy Conservation proposes a policy to improve energy resources prices. We will increase the scope and intensity of differential electricity tariffs and punitive electricity tariffs. We will focus on collecting differential electricity tariffs and punitive electricity tariffs to support local energy-saving technologies and eliminate outdated production capacity. We will revise the scope of price increase and raise the price increase rate in accordance with the needs of industrial development. Encourage companies to use low-carbon energy and renewable energy.

Strengthen fiscal and taxation policies. Strengthen the support for industrial energy conservation by special funds for energy conservation and emission reduction, improve financial subsidies, and support the construction of nine key energy conservation projects; through the special projects of national science and technology plans, support the research and development of key common technologies and major equipment for energy conservation in the industry, and promote industrialization and application For energy-saving projects that encourage development, their imported advanced energy-saving equipment that cannot be produced domestically shall be exempted from import duties within the prescribed scope; research and improvement of taxation preferential policies for enterprises implementing energy-saving technological transformation; improvement of construction investment, electricity price, and heat of cogeneration projects Policies such as price, orderly development of cogeneration projects. Research and improvement Encourage enterprises to build power utilization policies such as residual heat and pressure power generation, biomass power generation, and cogeneration projects.